This quarter's disappointing net loss occurred during one of the most severe global market dislocations in the post-World War II period, ... Equity markets declined, risk premiums in debt markets widened, and investment banking activity slowed markedly. Bankers Trust sustained significant losses in emerging market debt, high-yield debt and in our equity holdings. -Frank Newman

 

This quarter's disappointing net loss occurred during one of the most severe global market dislocations in the post-World War II period, ... Equity markets declined, risk premiums in debt markets widened, and investment banking activity slowed markedly. Bankers Trust sustained significant losses in emerging market debt, high-yield debt and in our equity holdings.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?



This quote is just one of 6 total Frank Newman quotes in our collection. Frank Newman is known for saying 'This quarter's disappointing net loss occurred during one of the most severe global market dislocations in the post-World War II period, ... Equity markets declined, risk premiums in debt markets widened, and investment banking activity slowed markedly. Bankers Trust sustained significant losses in emerging market debt, high-yield debt and in our equity holdings.' as well as some of the following quotes.

Bankers Trust generated broad-based improvement in both revenue and profitability in the first quarter. Bankers Trust nearly doubled investment banking profit from a year ago.

Frank Newman
277

This quarter's disappointing net loss occurred during one of the most severe global market dislocations in the post-World War II period, ... Equity markets declined, risk premiums in debt markets widened, and investment banking activity slowed markedly. Bankers Trust sustained significant losses in emerging market debt, high-yield debt and in our equity holdings.

Frank Newman
235
Our primary competition is still domestic banks. But we are certainly aware there is going to be competition from foreign banks directly and indirectly because every day you read about another investment in a domestic bank and they will be bringing in risk management, better processes and more capital. -Frank Newman
201

I'm excited to have the opportunity to lead one of the true e-commerce innovators.

Frank Newman
161

Our top line growth was more than respectable. Our bottom line growth, however, was not.

Frank Newman
146
This settlement should not have a significant effect on our business going forward. -Frank Newman
140